New Term Loan and Revolving Credit Facility

RNS Number : 1912U
Frasers Group PLC
01 December 2021
 

Date: 1 December 2021

FRASERS GROUP PLC

(the "Group")

 

NEW TERM LOAN AND REVOLVING CREDIT FACILITY

 

Frasers Group is pleased to announce that it has now entered into a new Term Loan and Revolving Credit Facility ("The New Facility") with its banks which replaces its existing facility of £913.5m. 

 

The New Facility, which is valid for three years (with 2 one year extension options for a total tenor of up to five years), will provide the Group with access to borrowings of up to an aggregate amount of £930m. The facility includes an accordion option to increase this facility to £1.2 billion.

 

-Ends-

Frasers Group plc

Tom Piper, Company Secretary

LEI: 213800JEGHHEAXIJDX34

 

T. 0344 245 9200

E. investor.relations@frasers.group

 

 

 

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